Mr. Richard Sadowsky reports

RECYCLICO ENGAGES HATCH TO CONSULT ON PLANT CONSTRUCTION FOR TAIWAN BATTERY RECYCLING JOINT VENTURE

Recyclico Battery Materials Inc. has engaged Hatch Ltd. to provide consulting services in connection with the Stage 2 battery recycling plant to be operated in Taiwan by Recyclico Zenith Battery Materials Technology Co., the company's joint venture with Zenith Chemical.

Hatch will assist the company in its review of the design plan for the plant prepared by Kemetco, the joint venture's principal contractor and Recyclico's long-time collaborator. As previously announced, Recyclico will be supervising construction in Vancouver of an expandable modular facility (initially 2,000 metric tonnes per year), which will be transported to, and commissioned in, Taiwan. The design plan, once approved, will be the basis for a formal construction agreement between the joint venture and Kemetco. Construction is expected to commence later this year.

Richard Sadowsky, interim chief executive officer of the company, said: "We are excited to have Hatch on board with us for this project. Their years of engineering and business experience will be of great value to us as we continue to move past the venture stage and provide the industry with a commercially viable and effective recycling solution."

The advanced battery recycling technology employed by the joint venture will be capable of processing black mass and black powder into high-value products, such as battery-grade lithium chemicals and precursor cathode active material, positioning the joint venture at the forefront of advanced battery recycling solutions and as a contributor to the global efforts to develop sustainable energy sources.

About Recyclico Battery Materials Inc.

Recyclico is a battery material company specializing in sustainable lithium-ion battery recycling and material production. Recyclico has developed advanced technologies that efficiently recover battery-grade materials from lithium-ion batteries, addressing the global demand for environmentally friendly solutions in energy storage. With minimal processing steps and up-to-99-per-cent extraction of lithium, cobalt, nickel and manganese, the patented, closed-loop hydrometallurgical process turns lithium-ion-battery waste into battery-grade cathode precursor, lithium hydroxide and lithium carbonate for direct integration into the remanufacturing of new lithium-ion batteries.

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